NEW YORK, June 13 (Reuters) – Visa’s (V.N), opens new tab and Mastercard’s (MA.N), opens new tab proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord.
U.S. District Judge Margo Brodie in Brooklyn told lawyers for the card networks and objectors at a hearing on Thursday that she will “likely not approve the settlement,” according to court records.
Source: REUTER
